A cost-benefit analysis compares the monetary cost of operating a program to the
A) intangible benefits provided by the program.
B) monetary equivalent of the benefits provided by the program.
C) intangible costs of operating a program (such as stress experienced by program staff)
D) staff's resistance to the time it takes to implement the program.

Question

Quizplus · Accepted Answer

A cost-benefit analysis compares the monetary cost of operating a program to the monetary equivalent of the benefits provided by the program. Intangible benefits and costs may be considered in the analysis, but they must be translated into monetary terms in order to be compared to the program's monetary cost. Staff resistance to the time it takes to implement the program is not a factor in a cost-benefit analysis.

A Cost-Benefit Analysis Compares the Monetary Cost of Operating a Program